Pakistan Army has assured China of CPEC continuity after Panama verdict: Chinese Media Report

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China has been assured by Pakistan’s powerful military that its multibillion-dollar Belt and Road investments would not be disrupted by the landmark verdict on Friday that felled Prime Minister Nawaz Sharif, even though some of its investments could come under the widening corruption probe currently playing havoc with Pakistani politics, South China Morning Post has reported.

Speaking at a July 12 conference, Pakistani Army Chief of Staff General Qamar Javed Bajwa said it was his “dream” to see Pakistan become a middle income economy at the conclusion of the US$62 billion China Pakistan Economic Corridor (Cpec) programme in 2030.

“China would likely urge the government, and the military for that matter, to move as quickly as possible to effect a peaceful transfer of power. China has a strong incentive to see through a smooth transition, and Pakistan, because of the deep significance it ascribes to Cpec, does as well,” said Michael Kugelman, deputy director of the Asian programme at The Woodrow Wilson Centre.

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